1217 E Spring Street, New Albany, IN 47150

New Albany
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1217 E Spring Street,New Albany, IN 47150
$499,000
  • - Beds
  • 3 Baths
  • 5,935 sq. ft.
  • Single family
  • Active
Listed by: kim kraft, ken groh
Office: berkshire hathaway homeservices parks & weisberg r
MLS#:2025010318
Source:IN_SIRA

Price summary

  • Price:$499,000
  • Price per sq. ft.:$84.08

About this home

Positioned in the heart of New Albany, the Alexander Dowling Home presents a rare and compelling investment opportunity within the highly sought afte E Spring St Historic District. Located at 1217 E. Spring St & listed on the Historic Registry, this Italianate gem offers the perfect blend of historic significance & income producing potential. Originally owned by Alexander Dowling—former Indiana Supreme Court Justice (1899–1905) & prominent local figure—this property carries a rich legacy that enhances its desirability for boutique residential, mixed use or specialty rental concepts. Built circa 1870 with an 1888 addition, the home showcases classic Italianate architecture, including tall, narrow windows, ornate cornices & striking vertical lines. For investors, the true value lies in its versatility—the property can be restored into a grand single-family residence, converted into multiple units or repositioned for short term rental, office or mixed use purposes (subject to zoning &...

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Home facts

  • Year built:1929
  • Listing ID #:2025010318
  • Added:223 day(s) ago
  • Updated:March 19, 2026 at 03:10 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Partial
  • Living area:5,935 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1929
  • Building area:5,935 sq. ft.
  • Lot area:0.51 Acres
  • Lot Features:Additional Land Available, Corner Lot
  • Architectural Style:Two Story
  • Construction Materials:Wood Siding
  • Exterior Features:Landscaping, Paved Driveway
  • Foundation Description:Block
  • Levels:2 Story

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$84.08
  • Tax amount:$7,563

Features and amenities

  • Amenities:Natural Woodwork, Open Floorplan, Storage, Vaulted Ceiling

Parking

  • Parking description:No Garage

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